ETF Digest
Shippeo secured additional investment from our good friends at PKN ORLEN S.A.!
Posted
16 January 2023
Categories
Excellent news from our portfolio company Shippeo, the leading platform for the real-time supply chain visibility, who have secured additional investment from our good friends at PKN ORLEN S.A.!
Shippeo provides predictive and real-time visibility into goods delivery. The AI-based platform aggregates data from hundreds of sources in real-time to calculate the estimated time of delivery arrival with 98% accuracy. By allowing customers to control their supply chains, Shippeo will enable the industrials sector to manage their carbon footprint and boost revenue.
The company plans to allocate the capital raised in the current round of financing to further development of the platform and expansion to the markets of North America and Asia.
We at ETF Partners are excited to welcome PKN ORLEN S.A. aboard and join us along with Shippeo’s existing investors Battery Ventures, Partech, Otium Capital, NGP Capital, Bpifrance Digital Venture, LFX Venture Partners, Yamaha Motor Ventures for this next stage of their voyage.
Read more HERE.